Fraudsters are using the details of firm FCA authorise to try to convince people that they work for a genuine, authorized firm.
Almost all firms and individuals carrying out financial services activities in the UK have to be authorized or registered by FCA. This firm is not authorized or registered by FCA but has been targeting people in the UK, claiming to be an authorized firm.
This is what we call a ‘clone firm’; and fraudsters usually use this tactic when contacting people out of the blue, so you should be especially wary if you have been cold called. They may use the name of the genuine firm, the ‘firm reference number’ (FRN) FCA has given the authorized firm or other details.
Clone firm details
Fraudsters are using or giving out the following details as part of their tactics to scam people in the UK:
Instant Loans Ltd (clone of UK registered public company)
Address: 177 Walkden road, Manchester, M28 7QH
Telephone: 07852476094, 02032905050
Be aware that scammers may give out other false details or mix these with some correct details of the registered firm. They may change contact details over time to new email addresses, telephone numbers or physical addresses.
UK registered public company’s details
This UK registered public company that fraudsters are claiming to work for has no association with the ‘clone firm’. Its correct details are:
Firm Name: INSTANT LOAN LTD
Registered Office: 20-22 Wenlock Road, London, England, N1 7GU
Company Registration Number: 09671886